0308 USOIL looking for a new swing down to test fibo 1.27

Updated
Hello traders,

USOIL finally made a sharp down on yesterday trading day.
The new 4H swing could drop lower down to test fibo 1.27 -1.618 position.

All we want to wait for a new signal. The two red lines are selling zone for us to check for on the Thursday.

Good luck on this plan.
LESS IS MORE!
Note
Flag correction before NY session.
snapshot
Note
Five waves in the flag, a new swing could happen soon to end this flag correction.
Note
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Note
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Chart PatternsTrend AnalysisWave Analysis

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